龙哥-紫气东来

The pancake also ran a distance of 700! Brothers who are steady in short positions can take profits first! The aggressive ones continue south!

The current benefits of the concubine have arrived at the southern station, successfully covering a distance of 26! Let the pancake drive for a while!

6-13

Yesterday marked the beginning of a rapid downward trend. From the 4-hour chart, it has already dropped to 6k. This has indeed allowed the traders to take a bite.
However, this downward movement has not yet completed. The 4-hour chart is gradually forming a reverse V shape, and there may be a short-term rebound, with the rebound looking at 1045. The main theme remains a high-level downward trend aiming for the 100k mark; we will wait and see.

Bitcoin is moving downward in the 1040-1045 range, with a target looking at 1020-1000.
Ethereum is moving downward in the 2500-2530 range, with a target looking at 2440-2380.

Get on 11 and go to yy13 15?

The direction has been consistently provided, and the location has been continuously prompted! Above 11 is heading south!

Let's take a look at the locations prompted to everyone in the past two days! After reaching the first and second targets yesterday, there was a slight rebound followed by a continuous outflow!

🔥ETH Bull vs Bear! Breaking 3000, 500 million short positions liquidated. Falling below 2500 also means nearly 500 million long positions go to zero.
Bulls and bears are fighting at these two key levels; if it breaks up, shorts will chase in tears, and if it breaks down, longs will cut losses and run. Which side do you think will win?

After yesterday's CPI, we arrived at our southward position as expected. After departing south, we traveled 2.3k to reach the first target position.

The major cryptocurrency is currently experiencing a downward fluctuation, with short-term rebound demand but insufficient upward momentum.

RSI and MACD indicate rebound potential; however, KDJ being overbought may lead to a short-term pullback, and it is expected to continue fluctuating in the short term. We need to be cautious of dropping below 108000, with support seen at 107600 and 106400. The candlestick currently shows a doji with an unclear direction, and there were previously patterns of three black crows and bullish engulfing, but trading volume does not support a continuation of the trend.

The major cryptocurrency is moving south in the range of 109-1095, targeting 1075-1065.
​The altcoin is moving south in the range of 2800-2840, targeting 2740-2680.

Tonight at 20:30, the US May CPI data is coming! As a key indicator of inflation, it will affect Federal Reserve policy and influence global markets.

Is it a takeoff? Or a waterfall?

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The large pancake daily line broke through the shock zone on June 9 with a large bullish candle, touching 110530 before pulling back, experiencing high-level fluctuations in the past two days, with a small bearish candle adjustment on the 11th.

The 4-hour chart has tested the 109500-110000 range multiple times, currently closing in the middle. The MACD histogram is shortening, and there are signs of a death cross between DIF and DEA, indicating weakened momentum; the daily MACD red histogram is narrowing, and caution is needed for a potential turn to green.

The large pancake is moving south in the 109800-110300 range, with a target of 108000-106000.
The auntie is moving south in the 2800-2830 range, with a target of 2740-2680.

Four consecutive daily gains, the coin price has rebounded to the upper band of the Bollinger Bands, which are slowly opening up, indicating a strong short-term trend.

The MACD dual lines are initially forming a golden cross from a low position, with volume gently increasing. However, it is important to note that there is currently no favorable news support, and caution is advised when chasing the rise, with a key resistance level to watch at around 111000!

Bitcoin is heading south near 110300-110800, with a target around 106000.
Ethereum is heading south near 2740-2760, with a target around 2600.

This wave of market movement is very unexpected.

Bitcoin directly broke through the liquidity gap of 108,000 - 109,000. I thought it would trigger a chain liquidation, but it didn't. The market is caught in a dilemma between bulls and bears.

I originally thought that after liquidating at 108,000, there would be a short-term pullback. Although there was a slight pullback, it quickly turned around and continued to rise. This wave of market movement neither had an upward continuation nor a range-bound fluctuation, but directly replicated the sharp rise of 5% from 101,000, continuing to climb.

If you can't understand this situation, don't force your way in. Even experienced players can easily trip up; losing some money is very normal.

The trend of the big pancake has been like a roller coaster these past two days, with both long and short sides frantically accumulating chips.
If it rises to 116,000, it can clear 1.6 billion short positions; if it drops to 95,000, it can clear 1.6 billion long positions.
Today just happens to be Monday, and trend changes often start to show their heads from Monday; what do you think the operators will do?

The pancake fluctuated upwards over the weekend, showing signs of a pullback after being pressured near 106400. Technical indicators suggest a short-term weakness. The short-term trend is biased towards consolidation, possibly oscillating around support levels. If stability is achieved, there may be a slight rebound, but the resistance above is strong and the upside is limited.

If stability is achieved at the previous low support level, a light position could be taken to attempt a rebound from oversold conditions. It is more advisable to sell short when approaching the 106400 resistance level, especially when the rebound is weak, targeting the previous low support level.

The pancake is expected to move downwards in the 106000-106500 range, targeting 1045-1030.
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​The aunt is in a consolidation range of 2520-2550, targeting 2450-2400.

Non-agricultural profit! If you don't have this, you won't set off south, right?
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​Brother Long is already on the way south!

Yesterday it was indicated that the southward position has traveled 5k distance! Will there be a dark swan today, Friday?

Currently, there is significant selling pressure in the last hour, MACD shows a bearish pattern, both DIF and DEA are negative and green bars are expanding, the price has broken below the moving average support, and the short-term trend is bearish. The lower support at 100300 is a phase support; an effective break below it or continued downward trend is possible. On the upper side, attention should be paid to the moving average resistance, with weak rebound momentum.

Bitcoin is moving south in the 102000-102800 range, targeting 100000-98000.
Ethereum is moving south in the 2440-2470 range, targeting 2350-2300.

What is the gold content! As early as May 22, Long Ge gave the direction. How many people were on YY heading north at that time? Wasn't there talk of 130,000 people at the high point?

At 111,000, the orange line was set for long-distance travel! For the brothers running long distances, isn't this taking off? Traveling thousands of kilometers south!

The concubine arrived a little later than the pancake, but how much has the target exceeded? As long as the direction is right, it's time to take off!

Based on the current price of Ethereum, on the one-hour chart, the price is running below the moving average, the MACD green bars are increasing, and the head signal is obvious. On the four-hour level, the Bollinger Bands are opening downward, the KDJ indicator is in the oversold zone and diverging downward, indicating a significant overall head trend, with a short-term southward movement, paying attention to the support level below.

The Auntie is moving south in the 2620-2660 range, looking at 2550-2500.

6-5 Morning
The contract is oscillating around 104700, in a low-level adjustment stage after a pullback. Although there is a red three soldiers pattern, MACD red bars, and KDJ indicators indicating rebound momentum in the short term, the strength is relatively weak, and the J line is overbought, with MACD below the zero axis, constrained by the resistance level at 106800.

The contract is expected to move south in the 1053-1058 range, looking towards 104-103.

5/29 Afternoon

The pancake 1-hour chart shows a recent overall trend of fluctuating downward. Currently, it is gaining some support and rebounding based on the lower Bollinger Band, but the rebound strength is weak, and the market is still hovering in the bottom area, with bearish forces not fully released!

The pancake is heading south in the 108000-108600 range, targeting 106500-105000,
The aunt is heading south in the 2750-2780 range, targeting 2650-2550

Auntie, this northbound night train has also traveled quite a distance! Brother Long doesn't only know how to drive south!
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​2634 departs northbound, traveling all night, 2742 stops to rest! A journey of a hundred miles!